ALBERTA

Saskatchewan Oilsands Rights Sold For the First Time Since 2007

12/06/2012 09:50 EST | Updated 12/06/2012 09:54 EST
AFP/Getty Images

REGINA - For the first time in more than five years, oilsands rights have been sold in a Crown land sale in Saskatchewan.

Ed Dancsok, assistant deputy minister in the Ministry of Energy, says the two parcels of land are in the northwest, north of the Primrose Lake Air Weapons Range.

The parcels were picked up by a land agent likely for an exploration company that is not named.

Dancsok says the company will have to be named when they want to start doing physical activity on the land.

He says before now, the first and only time oilsands rights were sold in Saskatchewan was in August 2007.

It's harder to get oil out of the oilsands in Saskatchewan than those in Alberta and so far, nothing is being produced out of the oilsands in Saskatchewan.

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